Now offering 19640 Hoover Rd in Detroit, Mi, an amazing opportunity for an investor to add to their rental portfolio. Currently operating at a 26.4% cap rate, this home has been recently renovated by the landlord. A long term cash paying tenant is in place and would love nothing more than to stay. This unit has been cared for and maintained by the landlord to make for an easy transition to a new property owner or management team. For interested buyers, this landlord has multiple other single family owner occupied units for sale, all averaging 20% or better ROI.
Property Details
Price:
$50,000
MLS #:
20250019731
Status:
Active
Beds:
3
Baths:
1
Address:
19640 HOOVER ST
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
TWIN PINES
Neighborhood:
05054 – Det 8 To Gratiot/Houston To 7
City:
Detroit
Listed Date:
Mar 24, 2025
State:
MI
Finished Sq Ft:
884
ZIP:
48205
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1950
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Bungalow
Construction Materials
Vinyl Siding
Parking Features
One Car Garage, Detached
Financial
Taxes
$1,233
Map
Community
- Address19640 HOOVER ST Detroit MI
- SubdivisionTWIN PINES
- CityDetroit
- CountyWayne
- Zip Code48205
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19640 HOOVER ST
Detroit, MI
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